Utility Merger News

In response to the April 19, 2017 order by the Kansas Corporation Commission (KCC) rejecting Great Plains Energy’s (GPE) proposed acquisition of Westar Energy, GPE filed a petition for reconsideration (PFR) of the KCC’s order. The PFR requests until May 31, 2017 for GPE and Westar to engage in further discussions to determine if a revised transaction might be negotiated that resolves the concerns identified by the Commission. The PFR was among the topics discussed by GPE in its May 4th earnings call.